Crypto Contest December 2: District0x
district0x (Binance: DNTUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, DNT began a red wave one advance on October 8. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 9 and the red wave two (blue sub-waves a-b-c) correction ended on November 22. If this wave count is correct, DNT should be heading next towards the November 9 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the weekly chart, I believe DNT is currently in the red wave three (blue sub-wave iii). The red wave one began in March and the red wave two correction ended on October 8.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
district0x is a network of decentralized marketplaces and communities. You can read their latest weekly update here.
(Sources: https://district0x.io/)
How Will district0x Trade?
district0x (Binance: DNTUSD) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
DNT will takeout the November 9 peak
DNT will drop below the November 3 low
DNT will stay in a trading range between the November 3 low and the November 9 peak until January 8, 2021
DNT will takeout the November 9 peak
Correct. Upvoted your post:
https://steemit.com/steemit/@simonjay/daily-steem-price-update-7-1-2021
DNT will stay in a trading range between the November 3 low and the November 9 peak until January 8, 2021
DNT will drop below the November 3 low
DNT will drop below the November 3 low
DNT will takeout the November 9 peak
Correct. Upvoted your comment:
https://steemit.com/blockchain/@vaco/qmi744
DNT will takeout the November 9 peak
Correct. Upvoted your comment:
https://steemit.com/blockchain/@sporttr/qmi7ld
Hello to all the steemers participating in this contest 👋😊
I'm commenting with lots of love str8 from 🇰🇪
First of all I want to thank you for buying some more time & taking part in the contest, it's encouraging to see you guys fighting for crypto adoption and that's so thrilling and for that I have decided to tip the winners of today's contest.
@maarnio you know how we get down. just drop the names of the winners under my comment section and I will tip all of them.
More giveaways & sponsorships coming your way, I will try my best to tip the winners of the contests held daily by our kind buddy @maarnio so we can engage more and create awareness on crypto adoption.
Till then, see ya at the finish line.
Universal crypto tipper, donor & sponsor
Tony.
$trdo
Here are the winners:
simonjay, vaco, sporttr, calg, koskl, masterwhale, passat, belsander, fredkese, richard78624, siomara-2018, geytzy1995-hanna, monsterbuster, imisstheoldkanye, pum, kutra, coruna, moneyandmoney, lookatyou, goddar, walku
DNT will drop below the November 3 low
DNT will stay in a trading range between the November 3 low and the November 9 peak until January 8, 2021
DNT will takeout the November 9 peak
Correct. Upvoted your comment:
https://steemit.com/blockchain/@calg/qmg5xq